
QuestMark Partners
Description
QuestMark Partners is a Baltimore-based venture capital firm specializing in providing expansion-stage and growth capital to high-potential companies across the United States. Established with a clear focus on businesses that have already achieved significant revenue traction, QuestMark aims to support exceptional management teams in scaling their operations and accelerating market penetration. Their investment philosophy centers on identifying companies poised for substantial growth, offering not just capital but also strategic guidance and operational support to navigate the complexities of rapid expansion.
The firm typically deploys first checks ranging from $5 million to $25 million, targeting companies that have demonstrated product-market fit and are ready to scale. This investment range positions QuestMark as a key partner for businesses beyond the early startup phase, requiring substantial capital infusions to expand their footprint, develop new products, or enter new markets. Their portfolio spans various sectors, reflecting a broad interest in disruptive technologies and innovative business models that exhibit strong growth potential.
QuestMark Partners has a robust track record of fundraising and deployment, underscoring its consistent presence in the growth equity landscape. Their most recent fund, QuestMark Partners VIII, successfully closed in 2021 with $450 million in commitments, building upon prior successful funds like QuestMark Partners VII, which raised $350 million in 2018. This steady increase in fund size over the years highlights their growing capacity and commitment to supporting a diverse range of growth-stage companies. With over 100 investments to date, QuestMark has established itself as a significant player in the U.S. venture capital ecosystem, actively contributing to the growth of promising enterprises.
Investor Profile
QuestMark Partners has backed more than 83 startups, with 0 new investments in the last 12 months alone. The firm has led 29 rounds, about 35% of its total and boasts 38 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series C, Series E rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, Enterprise Software, Health Care.
- Typical check size: $5M – $25M.
Stage Focus
- Series Unknown (22%)
- Series C (18%)
- Series E (14%)
- Series D (13%)
- Series F (12%)
- Series B (12%)
- Series A (4%)
- Debt Financing (2%)
- Non Equity Assistance (1%)
- Series G (1%)
Country Focus
- United States (100%)
Industry Focus
- Software
- Enterprise Software
- Health Care
- Information Technology
- Saas
- Biotechnology
- Manufacturing
- Medical
- Mobile
- Internet
Frequently Asked Questions
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